Income Risk and Welfare Status of Rural Households in Nigeria: Ekiti State as a Test Case

Isaac Oluwatayo ()

No RP2004-61, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper examines the impact of income risk on the level of well-being of rural households in Nigeria. While income risk is defined as the risks associated with variability in income well-being is defined in terms of the level of utility reached by a given individual. This level is a function of goods and services that the individual consumes. The study is based on primary data collected from a sample of 285 households in Ekiti State, Nigeria.

Keywords: Agriculture; Income; Quality of life; Regional economics; Rural development (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2004-61

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